Multiple Choice
Which statement regarding the economic theory of mercantilism is FALSE?
A) It presumed that the world's wealth was finite.
B) It increased competition among nations.
C) It reduced the desire for nations to acquire and maintain colonies.
D) It assumed that exporting goods was preferable to importing goods.
E) Its principles spread throughout Europe in the sixteenth and seventeenth centuries.
Correct Answer:
Verified
Correct Answer:
Verified
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